At first sight, the direction of financial markets in July might have come as a surprise: global equities posted their sixth consecutive monthly gain despite a...
New Zealand Unemployment outperforms New Zealand Unemployment dropped to 4.0% for Q2 this morning, a stunning result given that market expectations were 4.50%. That should be...
Australian dollar extends rally The Australian dollar continues to impress and is in positive territory for a third successive day. AUD/USD punched into 74-territory earlier in...
If you're curious about the Australia investing buzz that's been happening in recent years, we've got a quick summary of how it started and where it's...
Gold is considered a safe haven for investors during turbulent times. What is the highest price for gold so far? The post What Was the Highest...
US dollar trading in tight range Currency markets traded sideways overnight, with the US dollar remaining in tight ranges versus both developed and emerging currencies. The...
US, Chinese markets fall on Covid worries Financial markets wobbled overnight after the US Manufacturing PMI didn’t hit the heady heights expected by markets. To be...
Oil has a delta-dip mini Oil prices plunged overnight as softer than expected PMI data from China and the United States sparked fears of a slowing...
Fear that the spread of the Delta mutation of the covid would disrupt the global economy spurred the unwinding of risk-on positions. Interest rates fell, and...
China Manufacturing PMI misses target China’s Manufacturing PMI data has disappointed today, clinging to expansionary territory but increasing fears that Asia’s powerhouse is slowing. On Saturday,...
The US dollar rallies on month-end flows US inflation data disappointed on Friday, sending US yields lower once again. It was, therefore, surprising to see the...
For the first time in a month, the euro peaked above 1.19, as the pair rose on promising economic news in Europe. Economic... Read More... The...
Overview: Risk appetites snap back after easing in the waning hours last month. The MSCI Asia Pacific equities jumped back after dropping 1.8% last week for...
North Asian equity heavyweights have deviated from the price action on Wall Street overnight, heading directly South this morning. Mainland China, Hong Kong, Japan and South...
US dollar falls on US data The retreat by the US dollar continued overnight, as US GDP and Initial Jobless Claims reinforced transitory inflation sentiment, flattening...
Country US The upcoming jobs report will be pivotal for the Fed in deciding whether the economy is headed toward hitting their substantial progress goal. Now...
FOMC, China’s soothing words send dollar lower It looks like a few FOMC taper-hedging positions were taken off last night as the US dollar broadly eased...
Fed hints at September taper, but no promises Overnight, the FOMC released its latest policy decision leaving rates unchanged with no change to its quantitative easing...
Overview: More constructive signals from Chinese officials and a Federal Reserve that is gradually moving toward slowing its bond purchases have had a beneficial impact on...
Wait-and-see ahead of FOMC meeting Asian markets are likely to spend the day in wait-and-see mode with a slight downward bias today, as the street moves...
The Swiss franc is showing limited movement in the Tuesday session. In the North American session, USD/CHF is trading at 0.9140, down 0.15% at the day....
What happened to gold in Q2 2021? Our gold price update outlines key market developments and explores what could happen moving forward. The post Gold Price...
New Chinese restrictions sends Asia lower The weekend was dominated by China’s announcements of a crackdown on Tencent Music, and more importantly, its intention to all...
US dollar edges lower Not much has changed in currency markets overnight, as US bond yields remained almost unchanged in the overnight session. The dollar index...
BTC price inched toward 2020's support with traders expecting more gains if a breakout occurs. A four-day winning streak brought the Bitcoin (BTC) prices closer to...
The Delta variant of the virus has emerged as an important economic force, just as more countries appeared to adopt the attitude that we should now...
Major week for US markets All eyes on the US next week as the Fed meets and we head into peak earnings season. The central bank...
Overview: The combination of the dovish ECB's forward guidance and the unexpected rise in weekly US jobless claims to a two-month high sent bond yields tumbling. ...
Monday’s “delta-dip” receded further into the rear-view mirror overnight, as US stocks edged higher and US yields fell after the overnight US 10-Year TIPS auction went...
Overview: The rally in US shares yesterday, ostensibly fueled by strong earnings reports, is helping to encourage risk appetites today. The MSCI Asia Pacific Index is...